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20100801
20100831
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at and that's got stocks sliding further south. the fed's chicago president told the meeting in indianapolis that while we are seeing general signs of recovery, the economy itself is not yet out of the woods particularly the housing market. we could see up to 3 million foreclosures this year, possibly more than 1 million bank repos. and the housing market will weigh on the market even further. in just a few minutes from now, we get the july existing sales report from the national association of realtors not pretty. looking for a drop of around 25% or so from the month before that. looking at the market right now, got the dow lower by 113 points. starting to approach that 10,000 level again. nasdaq is down by 30, s&p off by 13. there is one local company that has seen its stock continue to rise that's fremont-based data storage company 3par, shares up 3.5% after hp came one a bigger bid than dell of yesterday of $1.5 billion and all reports point to that dell will come up with an even bigger bid than that this morning. that's why shareholders are jumping all over 3par. its shares have soared
on our broadcast this morning. there was a tragedy over the weekend at the indianapolis motor speedway. as people work their way up the ranks there are always these levels of competition. this is for teenagers. motorcycle racers. they are going over 100 miles an hour. this young guy loses control and there he is, he is saying, look, i within the over my handle bars but i'm okay. look out for me, i'm okay. and then as the pack caught up, unfortunately, he ended up dying. we are going to speak to some fans who were eyewitness to that crash. plus a quick-thinking subway motorman here in new york city stops his train as he is coming into the station just in the nick of time. wow, what a story. we have him in the studio. mrs. a complete wrap-up of last night's prime time emmys, who won, who should have won. and who looked good doing it. because isn't that really the most important thing? >> absolutely. >> excellent. sounds like a great show. see you at 7:00, harry. >> thanks, harry. >>> a check of today's top stories when we come back. >> and an air guitar champ is crowned. today's top stor
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